India's Wipro opens AI center for Anthropic's Claude in Bengaluru
India's Wipro opens AI center for Anthropic's Claude in Bengaluru June 16 (Reuters) - India's Wipro WIPR.NS said on Tuesday it has set up a Center of Excellence (CoE) for applied AI focused on Anthropic's Claude models at its Bengaluru hub.
Wipro's move comes as AI-led automation pressures revenue of traditional Indian IT services firms, which lost billions of dollars in market value in February, partly following Anthropic's launch of an AI agent tool.
Here are some details:
The CoE is expected to bolster the IT services firm's ability to scale enterprise AI adoption using Claude models.
It is aimed at helping Wipro develop AI-based platforms and industry tools, and expand the use of AI across its finance, human resources and sales teams.
Wipro said it will train 10,000 employees to use Anthropic's Claude over the next 18 months.
Analysts at Jefferies said Wipro expects compression in services revenue to weigh on growth in the coming quarters, while AI could help widen its addressable market through application rebuilds and workflow redesign.
Investors are increasingly concerned that AI tools could disrupt the labour-intensive business model of India's $315 billion IT sector.
On June 11, rival TCS said it had partnered with Anthropic to launch an alliance to drive enterprise AI scaling.
(Reporting by Mridula Kumar in Bengaluru; Editing by Diti Pujara)
((mridula.kumar@thomsonreuters.com))
Recent news on Wipro
See all newsJefferies sees re-rating potential for select IT stocks; sub-index jumps 2%
India's battered IT stocks head for best week in 18 years on earnings boost
IT stocks continue to power Indian shares higher; Nifty eyes best week in six months
India's Wipro gains after quarterly revenue beat offsets concerns over weak deal wins (updated)
India's Wipro gains after revenue beat offsets concerns over weak deal wins